Several USD Coin holders have fled to other stablecoins amid fears surrounding its solvency. Source: https://cointelegraph.com/news/insolvency-fears-led-many-to-turn-to-other-stablecoins-sell-usdc-at-a-major-discount

BlockFi’s capital allocated to the money market mutual fund is not FDIC insured, however the fund doesn’t appear to be managed by Silicon Valley Bank. Source: https://cointelegraph.com/news/filing-shows-blockfi-has-uninsured-227m-in-silicon-valley-bank-mmmf

The crypto market is taking a walloping, and there are three important reasons why BTC’s $380 billion valuation is a key support for the entire market. Source: https://cointelegraph.com/news/920b-is-the-number-to-watch-now-that-crypto-s-trillion-dollar-total-market-cap-is-gone

The price of BTC briefly slipped under $20,000 in the early hours of Mar. 10 and is now hovering just above $20,000 at the time of writing. Source: https://cointelegraph.com/news/bitcoin-slips-under-20k-amid-biden-budget-silvergate-collapse

Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Source: https://cointelegraph.com/news/i-anti-endorse-these-projects-buterin-s-shitcoin-war-sees-him-sent-another-250k

The Bitcoin mining company is stumped as to why Bitmain changed the design of the S19 Antminers. Source: https://cointelegraph.com/news/bad-batch-or-flawed-design-compass-mining-flags-problems-with-new-asic-miners

The decision to end its loan facilities with Silvergate Bank follows a shift in Marathon’s long-term financial strategy to build liquidity. Source: https://cointelegraph.com/news/marathon-digital-terminates-credit-facilities-with-silvergate-bank

The CEO and chairman of the United Kingdom’s financial regulator took a grim tone as they discussed crypto regulation but conceded that they’re the ones who have to do …

As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops. Source: https://cointelegraph.com/news/vitalik-dumps-700k-worth-of-shitcoins-that-he-never-asked-for

Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank. Source: https://cointelegraph.com/news/silvergate-reportedly-talks-with-fdic-on-ways-to-avoid-shutdown